2.121
RevenueNT$B
1.488
1.595
1.763
1.908
2.040
2.238
2.474
2.740
2.920
3.208
2.258
9.47%
9.05%
44
29.03
Revenue growth%
27.52
29.96
28.46
29.01
26.55
24.39
23.35
25.66
24.77
22.82
24.93
24.39
26.10
67
3.72
Gross margin%
6.73
4.39
4.22
6.87
7.20
8.80
6.36
7.56
6.07
8.99
15.02
7.56
6.80
85
6.30
Operating margin%
11.69
9.41
10.30
10.25
9.16
6.33
6.84
6.10
3.34
4.71
23.95
6.10
8.00
24
29.69
Net margin%
25.46
27.38
24.65
27.52
29.91
27.85
29.15
27.05
25.19
25.09
20.51
27.05
27.21
41
7.895
P/E ratio (avg)x
39.60
44.89
45.25
43.38
41.58
45.76
50.54
57.26
64.55
65.34
27.13
57.26
45.50
7
27.86
EV/EBITx
37.63
40.33
43.46
45.95
50.68
56.75
63.63
73.00
84.39
89.54
36.57
73.00
53.71
53
13.69
FCF yield (avg)%
21.50
18.51
19.67
19.26
17.99
17.14
15.26
14.95
16.66
14.06
21.17
15.26
17.56
92
22.45
FCF margin%
29.81
30.82
28.44
28.99
29.29
26.80
27.24
27.88
30.73
30.75
21.35
27.88
29.14
29
1.398
FCF / Net incomex
1.253
1.159
1.023
1.018
1.111
1.062
1.118
1.140
0.987
0.904
1.522
1.062
1.086
80
21.30
ROIC%
19.83
17.17
18.32
17.97
18.34
17.26
19.25
20.40
21.76
21.29
19.77
20.40
18.79
32
10.70
Return on equity%
23.61
21.64
24.13
25.07
27.27
29.83
27.27
30.01
28.52
27.51
5.66
28.52
27.27
46
18.16
Return on assets%
8.57
10.33
11.27
12.59
12.81
14.77
16.66
16.28
16.61
16.16
23.44
16.28
13.79
92
6.29
EPSNT$
4.93
4.87
4.48
4.12
3.53
3.07
3.21
3.16
2.94
3.20
6.71
(1.96%)
(4.00%)
—
8.69
EPS growth%
28.85
29.66
32.46
31.62
31.54
34.13
36.91
34.53
36.20
36.68
5.58
36.20
33.29
19
6.25
Bookvalue per shNT$
5.97
6.52
6.59
6.02
6.66
6.44
7.04
7.60
7.86
7.45
5.29
2.29%
3.53%
—
3.20
FCF per shareNT$
4.80
4.83
4.90
4.86
4.48
5.03
4.57
4.40
4.36
4.18
5.07
(1.39%)
(1.20%)
—
1.96
Dividend per shNT$
6.90
7.25
6.68
6.42
5.91
5.43
5.75
5.71
5.15
4.58
1.89
(4.97%)
(3.81%)
—
5.44
Div yield (avg)%
27.67
27.57
25.87
26.29
26.63
26.08
24.14
23.24
25.47
23.71
15.58
24.14
25.97
79
14.23
Payout ratio%
10.77
13.66
16.60
18.88
16.32
19.30
16.41
15.94
16.19
17.34
29.91
16.41
16.37
19
175.1
Shares (diluted)M
291.6
297.4
349.4
413.8
464.6
499.1
478.9
531.3
520.8
586.0
179.2
4.75%
8.80%
62
19.11
Buyback yield%
11.14
12.29
11.82
13.79
10.95
13.18
12.95
10.52
11.98
11.45
12.12
11.98
11.90
92
1.334
D/E ratiox
0.869
0.965
1.088
1.246
1.307
1.354
1.457
1.433
1.690
1.840
0.251
1.457
1.330
42
1.201
Enterprise valueNT$B
4.808
5.617
6.180
6.318
6.926
7.862
8.571
9.855
10.39
12.01
1.022
11.63%
10.06%
30
2.220
LT debtNT$B
0.509
0.512
0.512
0.484
0.475
0.477
0.489
0.438
0.468
0.433
2.267
(1.83%)
(2.22%)
76
Cost of revenue
9.08%
1.00×
Operating expenses
8.87%
0.98×
Goodwill & intangibles
17.67%
Spread over hurdle
18.32%